Plan Ledger DOL Form 5500 · updated monthly

Precision Medical Technologies, Inc401(k)

PRECISION MEDICAL TECHNOLOGIES 401(K) PLAN · WARSAW, IN · plan year 2024

Reported admin expense ratio · 2024
0.10%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Precision Medical Technologies, Inc reported $5,009 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,354 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.18% to 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,177th of 1,562), and 11,193rd of 13,661 in manufacturing. In 2024, employees put in $3.05 for every $1.00 the employer contributed; active participation has shrunk from 170 to 122 since 2022.

Plan summary
Net assets, end of year$5,018,300
Participants with balances113
Active participants122
Employer contributions$165,237
Employee contributions$503,991
Employer contribution per active participant$1,354
Average account balance$44,410
Benefits paid to participants$967,196
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 113 accts · $165K emplr
2023$4.7M · 126 accts · $198K emplr
2022$3.5M · 121 accts · $174K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,312
Investment management$697
Total administrative$5,009
The Precision Medical Technologies, Inc 401(k) match · 2024
Employer contribution per active participant$1,354
Median for plans this size$1,313
2024$1,354 per active participant
2023$1,031 per active participant
2022$1,024 per active participant

Precision Medical Technologies, Inc's 2024 employer contribution ran above the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$5,009 · 0.10%
2023$5,048 · 0.12%
2022$6,113 · 0.18%
Same employer
Similar plansManufacturing · Indiana
Sunright America, Inc. IN$5.1M · 0.73%
Nukemed Inc. IN$5.0M · 0.04%
Vandor Corporation IN$5.0M · 0.92%
J. Squared Inc. IN$5.0M · 0.33%
Grote Industries, LLC IN$5.0M · 0.41%
Chiyoda USA Corporation IN$5.0M · 1.15%
Wessels Company IN$5.0M · 0.03%
Wirco, Inc. IN$5.0M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351902827 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.